Common use of Guidance Note for clause 4 Clause in Contracts

Guidance Note for clause 4. This clause applies if Milestones are set out in the Project Plan. Milestones may not be suitable for all Projects. The parties can specify that the University is required to provide certain deliverables or undertake certain tasks by a particular date. This can also include setting out criteria for the University to achieve in meeting a Milestone. These details should be specified in section 3 of Schedule 2. Specifying Milestones and Milestone Dates can assist in clearly describing the deliverables, tasks and activities for a Project. It can also assist to keep the University accountable for the delivery of elements of the Project in a timely manner. This clause also sets out a process to assess the achievement of Milestone and how the parties are to manage the Agreement if the Milestone is not achieved.

Guidance Note for clause 4. This clause applies if Milestones are set out in the Project Plan. Milestones may not be suitable for all Projects. The parties can specify that the University is required to provide certain deliverables or undertake certain tasks by a particular date. This can also include setting out criteria for the University to achieve in meeting a Milestone. These details detail should be specified in section 3 of the Schedule 2. Specifying Milestones and Milestone Dates can assist in clearly describing the deliverables, tasks and activities for a Project. It can also assist to keep the University accountable for the delivery of elements of the Project in a timely manner. This clause also sets out a process to assess the achievement of Milestone and how the parties are to manage the Agreement if the Milestone is not achieved.